Hospital Cost Containment Act

[AI summary unavailable — showing source text] Hospital Cost Containment Act - Title I: Transitional Hospital Cost Constraint Provisions - States that it is the purpose of the program established by this title to constrain the rate of increases in total acute care hospital inpatient costs. Excludes from the limitations established by this Act any State which keeps its cost increases below the national average. States that the increase in total revenue which a hospital may receive in any accounting year in the form of: (1) reimbursement paid under the Medicare and Medicaid programs and by cost payers for inpatient services; and (2) charges imposed upon other persons for inpatient services may not, on a per admission basis, exceed the average inpatient reimbursement due or inpatient charges imposed per inpatient admission in the base period by more than the percentage allowed under this Act. Sets forth formulas by which the limits of the increase in total revenue may be computed. Bases the inpatient hospital revenue increase limit on increase in the gross national product deflator. Excepts from such limits hospitals which are experiencing substantially higher costs as a result of extraordinary changes in patient loads or major ch…